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Midyear Observations on the 2023 board agenda

Harvard Corporate Governance

Data privacy risk is a major concern with generative AI, since user data is often stored to improve the quality of data. Board members also emphasize that director education is critical to help ensure that the board as a whole is up to speed on the topic. Crisis readiness and resilience.

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The Connected Risk Journey: How to Discover Risk When and Where It Really Matters

Audit Board

2023 is shaping up to be a pivotal year for business leaders. On your connected risk journey, careful planning and guidance from audit, risk management, and compliance professionals are essential for business success when facing risk challenges such as digital transformation, climate change, supply chain disruption, and economic uncertainty.

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Cybersecurity Disclosure Requirements: What's Changing in 2023 and How to Prepare

Audit Board

It’s noteworthy that these mandatory disclosures will be made via 8-K, 10-Q, or 10-K filings, meaning that all information becomes public record. There are no requirements for the SEC to keep any information non-public.

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Updating Annual Report Risk Factors

Harvard Corporate Governance

Impact of COVID-19 : As we enter the third year of the pandemic, it may still be too early to entirely eliminate COVID-19 specific risk factors, but companies may be able to significantly streamline their disclosures. 4 For more information, see our prior alert, “ SEC Proposes Long-Awaited Climate Change Disclosure Rules.”

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How to Measure and Enhance Organizational Performance and Resilience With IRM

Audit Board

Integrated reporting blends together multi-capital information across the organization to provide a qualitative understanding of a company’s strategy and outcomes that is underpinned with quantitative data showing both successes and challenges. Resilience: Are You Prepared to Respond to and Recover From Risk Events?

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Risk-Seeking Corporate Governance

Reynolds Holding

At the same time, startups are taking unprecedented risks – defying regulators, growing in unsustainable ways, and racking up billion-dollar losses. Founders may be reluctant to take on so much risk. In our model, VCs address the divergence in risk preference by striking an implicit bargain with founders.

Finance 59
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Conducting Cybersecurity Risk Assessments Guide: The Complete Introduction

Audit Board

Cybersecurity risk assessments are a means for organizations to assess risks to their information assets and are a core requirement of most cybersecurity frameworks. However, specific guidance on how to conduct these assessments is typically not included in framework requirements. Identifying Cybersecurity Risks.